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Strong growth predicted for Ireland following updated ILP legislation
21 December 2020 UK
Reporter: Maddie Saghir

The updated ILP legislation that has passed all stages of the parliamentary process is expected to prompt growth in Ireland for 2021

Avelacom adds B3’s market data to its service portfolio
15 December 2020 Brazil
Reporter: Maddie Saghir

Avelacom is adding the Brazilian Stock Exchange’s real-time market data to its service portfolio

ScalingFunds boosts growth plans with new investment
10 December 2020 Germany
Reporter: Maddie Saghir

The financing round, led by Finch Capital, comes on the back of traction generated by ScalingFunds over the last 12 months

State Street makes senior EMEA appointment
04 December 2020 Italy
Reporter: Maddie Saghir

State Street has appointed Christian Bongiovanni as the regional segment head for insurance in EMEA, based in Milan

IHS Markit valued at $44bn in merger with S&P Global
02 December 2020 US
Reporter: Drew Nicol

Douglas Peterson, president and CEO of S&P Global, will serve as CEO of the combined company, while Lance Uggla, chairman and CEO of IHS Markit, will stay on as a special advisor to the company for one year

Crestbridge appoints Dean Hodcroft as new CEO succeeding Graeme McArthur
20 November 2020 Jersey
Reporter: Maddie Saghir

Dean Hodcroft, chief financial officer and a founding partner of Cale Street Partners and former head of real estate at Ernst & Young in London, will join Crestbridge in April 2021

ISSA: securities services to undergo ‘significant change’ in next decade
17 November 2020 Switzerland
Reporter: Becky Bellamy

The report showed that changes in investor behaviour, as well as changes in technology and technology-enabled competition, are likely to have the biggest impact on the industry

ECB to conduct payments system outage review
16 November 2020 Germany
Reporter: Maddie Saghir

The European Central Bank is set to launch an independent review of an incident that affected its real-time gross settlement system TARGET2 on 23 October 2020, causing an outage for almost 10 hours

HSBC launches new fund admin capabilities
05 November 2020 Hong Kong
Reporter: Maddie Saghir

HSBC has launched an improved fund administration solution for Asia-based insurance companies, after onboarding HSBC Life, its Hong Kong insurance business

BNY Mellon appoints new APAC head of asset servicing and digital
03 November 2020 Hong Kong
Reporter: Maddie Saghir

BNY Mellon has appointed Fangfang Chen as Asia Pacific head of asset servicing and digital and APAC chair, with effect from 4 January

Bob Dorsey set to retire from Ultimus Fund Solutions
27 October 2020 Cincinnati
Reporter: Becky Bellamy

Ultimus Fund Solutions co-founder Bob Dorsey has announced his retirement

Bottomline teams up StepChange for new Coronavirus Payment Plan
23 October 2020 London
Reporter: Maddie Saghir

The CVPP is a debt management programme offered by StepChange Debt Charity, and created in consultation with the UK Government to help those in need amid COVID-19 challenges